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Colorado Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 302 | 1 | 2 | A+ |
| INFRASTRUCTURE | 214 | 16 | 22 | B- |
| COST OF DOING BUSINESS | 143 | 36 | 38 | C |
| ECONOMY | 214 | 11 | 9 | B |
| LIFE, HEALTH & INCLUSION | 205 | 12 | 14 | C+ |
| TECHNOLOGY & INNOVATION | 171 | 9 | 6 | A- |
| BUSINESS FRIENDLINESS | 124 | 16 | 29 | B- |
| EDUCATION | 106 | 11 | 30 | B+ |
| ACCESS TO CAPITAL | 26 | 22 | 16 | C- |
| COST OF LIVING | 17 | 34 | 34 | D+ |
| OVERALL | 1522 | 4 | 8 |
Economic Profile
Governor: Jared Polis, Democrat
Population: 5,812,069
GDP growth (Q1 2022): -1.9%
Unemployment rate (May 2022): 3.5%
Top corporate tax rate: 4.55%
Top individual income tax rate: 4.55%
Gasoline tax: 22 cents/gallon
Bond rating: (Moody's/S&P): Aa1, stable/AA, stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
